GOLD is the﻿ money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Saturday, March 18, 2017

This Why Wealthy People Dont Use Banks

Why wealthy people do not use banks to create their wealth.

There
are several investment options in the financial industry with varying
degrees of risk versus reward. Many people believe the bank is the first
place to go should you want to save your money and start investing and
create wealth. I am going to explain to you why the bank is the last
place the wealthy go to invest their money.

Banks are in
abundance all over the country and chances are great that you have an
account their. Banks offer one form of investments which are known as
cash equivalents.

Cash equivalents come in the form of checking
and savings accounts, certificates of deposits also known as CD’s, money
market funds, savings bonds and treasury bills.

A cash
equivalent offers a low risk, low return profile. They are the most
liquid assets that you can invest in and are convertible into cash.
Savings accounts, money market holdings, certificates of deposits,
short-term government bonds or Treasury bills are all considered cash
equivalents.